30+ Acres For Sale- Potential Development in Knoxville
|Catylist Listing ID:
Multi-Family, Residential (Single Family)
|Gross Land Area:
||$57,509 Per Acre
||Undisclosed, Cash to Seller
Overview / Comments
This 30+ ACRES is prime for development in a rapidly growing area - just 5 minutes from Knoxville's South Waterfront and 7 minutes from the University of Tennessee and Downtown Knoxville! This area is just on the cusp of major growth and most certainly will experience an influx of opportunities for developers, renters, owners, and the community. The City of Knoxville 2023 One Year Plan shows mid-density, public parks, and open space around the subject property. It is currently in the low density subdivision sector, but it is possible to rezone as it was zoned for higher density previously. Topography is nice for building with mostly level and gentle slope as this property stretches from Delrose Drive to Brooks Ave at the rear of property. Seller would consider partnering with a developer/investor. Property is currently wooded; there is a 10x20 cleared section to pull off at commercial signage.
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